Daily Bits
Hamburg-based start-up Natix has launched its Drive& app, which uses a privacy-focused computer vision platform to convert anonymized data from user smartphones into maps.
Ondo Finance, a DeFi project known for tokenized U.S. treasuries, is introducing Ondo Global Markets to bridge traditional finance and crypto by tokenizing traditional securities.
Bitcoin mining company Riot Blockchain’s third-quarter revenue fell short of analysts’ expectations, with its net loss doubled from earlier this year. Find out more here.
Today’s outperformer is ALT, which jumped 12.9% after launching ALT token with $2.9 billion valuation. Read more here.
Jito, a leading Solana-based MEV-resistant infrastructure protocol, is launching its governance token, JTO, with a billion tokens in total supply. Read more here.
Ribbon Finance's decentralized exchange, Aevo, has introduced options trading for altcoins. Read more here.
The European Commission has introduced a new initiative called Web4. Read more here.
Stanford University's cryptography research team is trying to solve for the blockchain trilemma. Read on here.
The purported “FTX Account Drainer” swapped its ETH stack for BTC, exerting selling pressure on the price of ETH. Find out more here!
The price of Bitcoin settled well above the $35k level, yet failed to extend its gains beyond $38,500 — not for a lack of trying.